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ChannelAdvisor (ChannelAdvisor) Other Current Assets : $14.8 Mil (As of Sep. 2022)


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What is ChannelAdvisor Other Current Assets?

ChannelAdvisor's other current assets for the quarter that ended in Sep. 2022 was $14.8 Mil.

ChannelAdvisor's quarterly other current assets increased from Mar. 2022 ($14.7 Mil) to Jun. 2022 ($15.9 Mil) but then declined from Jun. 2022 ($15.9 Mil) to Sep. 2022 ($14.8Mil).

ChannelAdvisor's annual other current assets increased from Dec. 2019 ($10.5 Mil) to Dec. 2020 ($13.9 Mil) increased from Dec. 2020 ($13.9 Mil) to Dec. 2021 ($15.5 Mil).


ChannelAdvisor Other Current Assets Historical Data

The historical data trend for ChannelAdvisor's Other Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ChannelAdvisor Other Current Assets Chart

ChannelAdvisor Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.46 9.25 10.45 13.87 15.50

ChannelAdvisor Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.23 15.50 14.75 15.87 14.82

ChannelAdvisor Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.


ChannelAdvisor Other Current Assets Related Terms

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ChannelAdvisor (ChannelAdvisor) Business Description

Traded in Other Exchanges
N/A
Address
3025 Carrington Mill Boulevard, Suite 500, Morrisville, NC, USA, 27560
ChannelAdvisor Corp is a provider of Software-as-a-Service solutions for retailers and manufacturers. Its solutions enable clients to integrate and manage its merchandise sales across multiple online channels and are offered on the firm's cloud-based platform. These solutions include inventory availability, pricing optimization, and data analytics capabilities. The company derives revenue from subscription fees to its Software-as-a-Service platform, which is typically sold on an annual basis. A majority of the firm's revenue is generated in the United States, but it has a presence in countries across the world.
Executives
M Scot Wingo director, officer: Chief Executive Officer 3000 AERIAL CTR, STE 110, MORRISVILLE NC 27560
Timothy V Williams director 3100 MAIN STREET, STE 900, HOUSTON TX 77002
Himanshu Palsule director C/O CHANNELADVISOR, INC., 3025 CARRINGTON MILL BOULEVARD, MORRISVILLE NC 27560
Janet Raye Cowell director C/O COOLEY LLP, 11951 FREEDOM DRIVE, SUITE 1600, RESTON VA 20190
Linda M. Crawford director 3365 CLAY STREET, SAN FRANCISCO CA 94118
Joseph L Cowan director 9715 KEY WEST AVENUE, ROCKVILLE MD 20850
Marshall Heinberg director 1 CORPORATE AVENUE, ROWVILLE C3 3178
Elizabeth Segovia officer: Chief Operating Officer C/O CHANNELADVISOR CORPORATION, 3025 CARRINGTON MILL BOULEVARD, STE 500, MORRISVILLE VA 27560
Timothy Buckley director C/O RED HAT, INC, 1801 VARSITY DRIVE, RALEIGH NC 27606
David J Spitz officer: President and COO C/O CHANNELADVISOR CORPORATION, 2701 AERIAL CENTER PARKWAY, MORRISVILLE NC 27568
Marc Huffman director C/O NETSUITE INC., 2955 CAMPUS DRIVE, SUITE 100, SAN MATEO CA 94403
Richard Cornetta officer: Chief Accounting Officer C/O CHANNELADVISOR CORPORATION, 3025 CARRINGTON MILL BOULEVARD, MORRISVILLE NC 27560
Mark Cook officer: Chief Financial Officer C/O CHANNELADVISOR CORPORATION, 3025 CARRINGTON MILL BOULEVARD, RALEIGH NC 27601
Patrick J Kerins director, 10 percent owner
Diana Semel Allen officer: VP and General Counsel C/O CHANNELADVISOR CORPORATION, 2701 AERIAL CENTER PARKWAY, MORRISVILLE NC 27560